Video: Lloyds Bank at Sibos 2022 – Tackling trade finance challenges
We speak with Lloyds Bank’s Merisa Lee Gimpel about the challenges facing trade finance.
Lloyds
Payment Systems Regulator outlines card-acquiring market remedies
Focusing on 14 providers will ensure “around 95% of transactions for the merchants our remedies will protect will be regulated”.
Lloyds hires former HSBC man Boteju as new group chief data officer
Boteju says he is “super motivated” by his new employer’s message about building back.
Lloyds and Mastercard sign open banking payments partnership
The new platform, PayFrom Bank, utilises Mastercard’s Payment Gateway technology.
Lloyds announces 44 fresh branch closures, brings total up to 100
UK bank extends closure programme in response to customers moving online.
Lloyds spends big on tech projects as profits slump 72%
The bank spent around £1.2bln on tech in 2020, equivalent to the profit it generated for the year.
FCA calls on banks to reconsider branch closures during pandemic
HSBC announced the closure of 82 branches in January.
Lloyds & Santander among major banks struggling with online security
Lloyds and Santander also fell behind NatWest, Nationwide, Metro Bank, and Virgin Money.
Lloyds pinches new CEO Charlie Nunn from HSBC
Nunn steps into new shoes at a chaotic time for any bank.
JP Morgan and Lloyds considering acquisition of UK challenger Starling Bank
Pair of major banks interested in Starling Bank’s potential following profit announcement.
Form3 gains investment from major UK banks
Payments firm raises $33 million and welcomes Lloyds and Nationwide as shareholders.
Lloyds partners with Form3 to create group-wide payments platform
The UK bank is acquiring an undisclosed minority equity stake in Form3.
Lloyds partners with Swedish fintech to offer subscription management
The bank is currently in pilot stage.
UK banks see surge of interest in Bounce Back Loans Scheme
In the first minute after 9am, Barclays had received 200 applications.
2020 Review: Top five outages, data breaches & cyber-attacks this quarter
Reflecting on some of the most topical outages & cyber-security attacks this past quarter.
Lloyds signs customer experience deal with Google Cloud
UK bank to deploy Google cloud services to “improve customer experience.”
Lloyds profits drop as PPI legacy takes its toll
The bank has eight times more than expected for PPI claims.
Lloyd’s of London hires new chief digital officer
Louise Smith joins from RBS.
Lloyds group to close 56 more UK branches this year
Staff numbers may be cut by “under 80” in affected branches.
Lloyds, Halifax and Bank of Scotland customers hit by system outage
The incident took place from around 4am on New Year’s Day.
CSConnect UK 2019: Round-up of key cybersecurity trends
The conference brought together chief information security officers (CISOs).
CSConnect 2019: Lloyds head says tech firms don’t get enough heat for banking app glitches
Lloyds head: “We’re either in this together or we’re not”.
PayExpo 2019: Europe will catch the UK’s open banking lead up in a year, says Danske Bank
Danske says the European landscape lends to more unique businesses.
Trov partners with Lloyds and launches white-label insurtech platform
Later this year, Trov and Lloyds Banking Group will release an insurance product on the ‘Powered by Trov’.
Three lessons traditional banks can learn from their younger siblings
Teamwork, transparency and creating a competitive culture is key.
Lloyds freezes 8,000 Jersey offshore bank accounts
The lockdowns happened last year after customers failed to prove their identity.
Lloyds first to launch open banking app for credit cards and savings
The banking group has also added a secure 24-hour messaging service.
Lloyds announces new digital tech hub in Edinburgh
Plan will create 500 high-skilled jobs over next 18 months.
Lloyds, NatWest and Barclays team up for business banking hubs
The three banks will pilot the UK’s “first” shared hubs for SMEs.
Video: fintech news weekly round-up – 18 February 2019
Features Monzo, Ant Financial, WorldFirst, Lloyds and more!
Lloyds unleashes open banking app
Follows in the wake of Barclays.
Top fintech stories this week – 25 January 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Lloyds to cut costs with Thought Machine platform move
Bank wants to transfer data to new core system – and job cuts also loom large.
Top ten digital bank initiatives in 2018
There have been a lot of digital bank projects in 2018. Here are our favourites.
Lloyds to up digital game with Thought Machine
Takes a £11m investment – 10% stake.
Lloyds axing 6,000 jobs and creating 8,000 new ones
On the back of its digital revamp strategy.
Lloyds opens coffers to London coppers for crime combat
Lloyds will sponsor City of London £1.5 million over three years.
TSB’s April IT crash leads to £107m loss
Results in a loss of customers and increased post-migration costs.
Faster Payments issue affects UK banks
Problems for Halifax, Lloyds, Bank of Scotland and Monzo.
Lloyds banking app crashes over weekend
Saturday not so sweet for Lloyds, TSB, Halifax and Bank of Scotland.
